Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Econ Final 2/2

Class Busywork

QuestionAnswer
Business Cycle Natural fluctuation over time of business activity.
Deflation Prolonged decline in price.
Inflation Prolonged raise in price.
Exports Goods sent out of country
GDP Final value of all products and services.
Economoic Indicators Signs of economic ups and downs.
FDIC Federal Deposit Insurance Corporation
Monetary Tools Changing reserve and discount rate
Reserve Requirement Amount banks must keep physically backed up on site.
Monetary Policy Changing the rate of growth or losses in economy.
Social Security Fed program providing monthly payments to the elderly.
Externalities An economic side-affect
WElfare Aid provided to those out of or unable to work.
Fiscal Policy Govt. use of taxes to affect business
Deman Pull Inflation Price rises due to excessive business
Cost Push Inflation Excessive profit drives up price
Comparrative andvantage Producing a product at a lower opportunity cost than a competitor.
Trade Deficit Debt on account of trade.
Specialization Producing products a country is best suited for.
Absolute Advantage A country has all advantages over production of a product.
Oligopoly Industry controlled by a few suppliers.
Ant-trust Laws Laws made to bust trusts during the era of big business.
Channels of Distribution Means by which a good or product is circulated through the conomy.
Utility The satisfaction from a good or service.
Minimum Wage 7.25 The least amount you can legally pay someone.
Aggregate Demand Total quantity of goods and services demanded
Consumer Price Index Measures change in price over time
Transfer Payment Welfare and other supplementary payments.
Depression An economic low point or "trough."
Created by: evzachary1
Popular Finance sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards